Use Options For a Chance To Buy AKR at a 17% Discount
January 28, 2015 at 11:43 AM EST
Looking back to 47 days ago, Acadia Realty Trust (AKR) priced a 3,400,000 share secondary stock offering at $31.76 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time and based on early trading on Wednesday, the stock is now 13.6% above the offering price..